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Dangote Flour, UACN Property make best stocks

Fakoyejo Olalekan by Fakoyejo Olalekan
August 5, 2019
in Markets, Stock Market
Nigerian Stock Exchange, NSE lifts suspension on Lasaco Assurance, NSE suspend companies, NSE lift suspension, NSE lift suspension on Conoil, Conoil and SEC, Ellah Lakes appoints new Managing Director, Ellah Lakes appoints Chuka Mordi, Ellah Lakes acquires Telluria Limited, Nigerian Stock Exchange NSE, NSE X Compliance report, Great Nigeria Insurance, Nigeria Stock Exchange, Delisting, VAT

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The Nigerian Stock Exchange (NSE) ended Monday’s trading session in positive territory. The All Share Index closed at 27,669.38 basis points, up 0.14%. Year to date, the index is down by 11.97%.

Top Gainers: Dangote Flour Plc was the best-performing stock today. The stock gained 10% to close at N20.35. Cornerstone Insurance Plc also gained 10% to close at N0.22. BOC Gases Plc gained 9.86% to close at N5.57. UACN Property Development Co Plc gained 9.73% to close at N1.24. NCR Nigeria Plc rounded off the top five gainers for today. The stock gained 9.43% to close at N5.80.

Top Losers: On the flip side, Ecobank Transnational Inc was the worst-performing stock, declining by 10% to close at N7.20. NPF Microfinance Bank Plc fell by 8.53% to close at N1.18. NEM Insurance Plc fell by 4.65% to close at N2.05. Union Diagnostic & Clinical Services Plc fell by 4.17% to close at N0.23. FCMB Plc rounded off the top five losers for the day. The stock shed 3.59% to close at N1.61.
[READ ALSO: Prices of imported rice and other items fall as Irish potatoes fluctuate]

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Top Trades by Volume: Sterling Bank Plc was the most actively-traded stock today. 198 million shares valued at N436 million were traded in 51 deals. Zenith Bank Plc was next with 19.4 million shares valued at N353 million traded in 375 deals, followed by Dangote Flour Plc with 7.5 million shares valued at N152 million traded in 413 deals.

Ecobank Transnational Inc was next with 7.1 million shares valued at N51 million traded in 150 deals. FBN Holdings Plc rounded off the top five most actively traded stocks today with 6 million shares valued at N32.9 million traded in 194 deals.


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Tags: Companies on Nigerian Stock ExchangeCornerstone Insurance - Newslisted companies on the Nigerian Stock ExchangeNEM Insurance - NewsNigerian Stock Exchange
Fakoyejo Olalekan

Fakoyejo Olalekan

Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ). In the era of media convergence, Olalekan is a valuable asset, with ability to curate and broadcast news. His zeal to write was developed out of passion to shape people’s thought and opinion; serving as a guideline for their daily lives. Contact for tips: fakoyejo.olalekan@nairametrics.com.

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